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Liquor Store Doing $138k/month w/RE Ask 1 Million

Michigan (Saginaw County)

Retail - Liquor Stores | Retail - Convenience Stores

Asking Price $1,000,000 Inventory $110,000** 
Gross Income $1,656,000 Real Estate $650,000** 
Cash Flow $288,000 Year Established N/A
FF&E $250,000* Employees N/A

* included in the asking price

** not included in the asking price

Overview: 4,000 square feet store, free stand alone building. 60 Cars parking lot, 2 acer land for future strip mall you can built. Store is located in between 60,000 population located major intersection. Sales break downs are: Grocery $20,000 per month @30% mark up $6,000; Hard Liquor $35,000 per month @ 24% mark up $10,800; Beer $20,000 per month @ 16% mark up $3,200; Calling cards $1,500-$1,800 per week @ 10% $780; Check cashing $50,000 per week @2% $4,333; Lotto $946,000 per year@7.2% $5,670. Have another machine double the money. Location Description: Too See Picture click or copy paste this link in browser http://picasaweb.google.com/tabinda.sahar/StorePicsSaginaw?authkey=EoiecCQVCDQ

AD # 393639

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